Form 4: Ice Mountain LLC Sells 236,728 Shares of Zurn Elkay Water Solutions Corp
SEC Form 4 Filing
Ice Mountain LLC, a 10% owner of Zurn Elkay Water Solutions Corp, sold 236,728 shares of common stock at an average price of $32.44 on April 23, 2024.
Summary
- On April 23, 2024, Ice Mountain LLC sold 236,728 shares of Zurn Elkay Water Solutions Corp (ZWS) common stock.
- The shares were sold at a weighted average price of $32.44, with individual transactions ranging from $32.10 to $32.73.
- Following the transaction, Ice Mountain LLC directly holds 24,268,932 shares of Zurn Elkay Water Solutions Corp.
- Cascade Bay LLC is the manager and sole Class A Member of Ice Mountain LLC.
- The Katz 2004 DYN Trust is the Special Assets Manager of Cascade Bay LLC and may be deemed to beneficially own the shares held by Ice Mountain LLC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about a stock sale.
Industry Context
This Form 4 filing indicates a change in ownership by a major shareholder, Ice Mountain LLC, which could be of interest to investors monitoring significant stock transactions. It is common for large shareholders to periodically adjust their holdings.
Stakeholder Impact
- The sale of shares by a significant shareholder could potentially influence investor sentiment and the stock price of Zurn Elkay Water Solutions Corp.
Key Dates
| Date | Description |
|---|---|
| 04/23/2024 | Date of transaction: Sale of 236,728 shares of Zurn Elkay Water Solutions Corp. |
| 04/24/2024 | Date of filing of Form 4. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.